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Gekata [30.6K]
3 years ago
15

In 2006 Hewlett-Packard repurchased shares of common stock worth $5,241 million and made dividend payments of $894 million. Othe

r financing activities raised $196 million, and Hewlett-Packard's total cash flow from financing was -$6,077 million. How much did the long-term debt accounts of Hewlett-Packard change?a. Increased $138 millionb. Decreased $138 millionc. Increased $836 milliond. Decreased $836 million
Business
1 answer:
Hunter-Best [27]3 years ago
8 0

Answer:

B) Decreased $138 million

Explanation:

To determine the effects of long term debt accounts on HP's total cash flow form financing we can use the following formula:

HP's cash flow from financing = new shares issued - shares repurchased - dividend payments + cash flows related to long term debt account + income from other financing activities  

-$6,077 = $0 -$5,241 -$894 + X + $196

-$6,077 = -$5,939 + X

-$138 = X

HP's long term debt accounts decreased by $138

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timofeeve [1]

Answer:

Right to transfer

Explanation:

The owner has opted to use some land but leases the rest to a tenant by exercising the right to transfer. The right to transfer is a contract which allows renting some part of the land to another party for a specific period of time. The contractual right and responsibility are transferred through delegation or assignment.

3 0
2 years ago
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete
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3 years ago
Roxy Inc. issued 3,000 shares of no-par common stock with a stated value of $5 per share. The market price of the stock on the d
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Answer and Explanation:

The journal entry to record the issuance of the common stock is shown below;

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(being the issuance of the common stock is recorded)

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3 years ago
The contract to buy and sell real estate has a dates and deadlines section. should these dates be ignored:
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No, because the date is there to help you stay on track 
5 0
2 years ago
Read 2 more answers
1a. Suppose that, if their income rises by $100, all households in Normalia raise their spending by $80.
Mila [183]

Answer:

0.2

0.8

40

2

2000

Explanation:

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MPC + MPS = 1

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2 years ago
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